[PDF] Top 20 Remittances and business cycles: evidence from Portugal

... of remittances and their impact in the long ...of remittances are not yet well defined. We study this question for Portugal over the period from 1996 to 2015, to discover whether ... See full document

... place and articulates several methodologies to determine the role assumed by each possibility (independently from its ...for Portugal, collapsed at Balanço Social, allowed us to construct a panel of ... See full document

... on business cycles because we could sort out integration stemming from endogenous forces – such as banks’ appetite to enter new states when the incumbent banks are weak – from integration ... See full document

... periods and 220 different firms were identified as a ‘turnover high-growth firm’ in one or more of the seven ...hand and with respect to the ‘employment high-growth firms’, ... See full document

... relevant from the banking business perspective and provide insights about the banking system position, as the data is obtained through the banks’ financial ...indicators from the core set FSI ... See full document

... inventories and payables is even more important to small firms (Long et ...operations and meet ...holdings and weak shareholder rights are more vulnerable to market acquisitions (Enqvist et al, ... See full document

... Bayoumi and Eichengreen (1993) have compared the expo- sure of European countries and US regions to asymmetric ...supply and demand shocks from a (Blanchard-Quah) Structural-VAR on output ... See full document

... countries, and confirmed the connection between an increase in loans, financial market liberalization and financial ...evolution and how it impacted the Spanish provinces in a macroeconomic ...Italy ... See full document

... di¤ers from the theoretical model are the empirical results con- cerning the composition of this expansionary e¤ect on output, especially the prediction of a negative response of consumption to government ... See full document

... Mankiw and Shapiro (1986) argued that using pre-determined variables as explanatory factors will lead to over-rejecting the non-predictability ...Nelson and Kim (1993) as well as Lanne (2002) highlighted ... See full document

... level and its fluctuations are historically one of the most discussed topics in the economic ...the business cycle, existent between small and medium enterprises (SMEs) and large companies in ... See full document

... VAR evidence for the ...durable and nondurable sector ...ato and Laubach (2003), Christiano et al. (2005): Our evidence confirms that the reaction of real wages to monetary shocks is rather ... See full document

... profitability and growth in sales and markets share, as well as the accomplishment of general firm strategic objectives” (Hult et ...effectiveness and results. Innovativeness and capacity to ... See full document

... expenses and investments causing even further deflation, and, consequently, promoting a vicious cycle that inevitably lead to the instability in the world's ...Friedman and Schwartz presented a ... See full document

... (1995) and Sengupta (1998), among many others, conclude that the expected return and risk decreases as the disclosure increases, causing a smooth in the stock price ...Lee and Chung (1998) analyse 54 ... See full document

... Behavior and national cultures” he uses a survey to look at classifications of managerial values by national culture, organizational structure, leadership behavior, negotiation processes and human resource ... See full document

... name and without undergoing any corporate ...Mundial-Confiança and Império, a brewer, Centralcer, five banks, Português do Atlântico , UBP, Crédito Predial, Fomento and Pinto & Sotto Mayor, a ... See full document

... found evidence supporting that Portuguese companies share the predictions of Pecking Order and Trade-Off ...same, and differ only regarding the motive, which is the case of: (1) profitability ... See full document

... Milesi-Ferretti and Razin [36] studied a sample of 144 countries from 1973 to ...crisis, and (iv) no other depreciation satisfying the Þrst three conditions occurred in the last three ...Europe, ... See full document

... the cycles of these countries, the majority of the policies adopted to mitigate a crisis or to start recovery process of the economy have some ...levels and of the ... See full document